Pemerintah pusat, Pemda Nanggroe Aceh Darussalam (NAD), Bank Dunia, dan Pemerintah Korea Selatan (Korsel) akan bekerjasama mengembangkan perkembangan tebu seluas 17.000 hingga 35.000 hektar di Kabupaten Benar Meriah, Banda Aceh.
South Korea's state-run agriculture trading corporation says that it aims to set up an international grain purchasing and distribution company that can invest directly in foreign farms or control stakes in agricultural operations.
As many foreign and local investor are seeking to win a license to invest in the giant agriculture project in Papua, Indonesia, one unnamed South Korean investor has obtained a permit. Mitsubishi is also bidding. Binladin Group has been rejected.
Both private and public sector investors from countries such as Qatar, Libya, Jordan, the UAE and Saudi Arabia in the Arab world as well as China and Korea elsewhere now hold long term rights to a total of two million feddans of arable land in Sudan, according to figures from the country’s agriculture ministry.
Gorontalo Vice Governor Gusnar Ismail said the South Korean investor, PT Harim Group, was also planning to build six silos with a combined storage capacity of 6,000 tons to support its corn exporting activity.
This paper examines two failed land acquisition processes for food and biofuels production in Africa (SEKAB-Tanzania and Daewoo-Madagascar) with the aim to establishing more equitable governance strategies.